Lawrence Black, Inc. v. Cuomo

Proceeding pursuant to CPLR article 78 (transferred to this court by order of the Supreme Court at Special Term, entered in Albany County) to review a determination of the Secretary of State which revoked petitioners’ real estate broker’s license on the ground of untrustworthiness. The hearing to consider allegations against the individual petitioner disclosed that on numerous occasions he had transferred funds from an escrow account to a general operating account which was then used as a source to pay his personal expenses. The escrow account was replenished as necessary with funds borrowed…